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19 November 2024 | 6 replies
These self employed 2nd mtg's are typically based on alternative method of caluclation like profit and loss statements if you're self employed or the last 12 months of bank statement deposits using a formula to derive an income from these deposits (like 50% of all annual rolling 12 calendar month deposits X 50% /12 months = monthly income).
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17 November 2024 | 9 replies
@Muhammad Kashif to avoid interest related transactions:1) Buy & hold rentals - you make your money back via rental payments.2) Funding flip deals - instead of lending at an interest rate, you could lend for a percentage of the profits on the sale.
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13 November 2024 | 9 replies
Has dealing with this organization been a good experience?
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20 November 2024 | 2 replies
Focus on potential profit margins and market trends.Be Local: Understanding micro-markets within these neighborhoods can mean the difference between a good flip and a great one.Network: Partner with investor-friendly agents, contractors, and wholesalers who know how to find and secure off-market deals.Nashville's real estate market continues to thrive, and these neighborhoods are at the center of the action.
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28 November 2024 | 184 replies
Whoever gave this person “women of the year award” should be sued for doing zero due diligence on this person I agree, please report that organization which is POWER magazine
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18 November 2024 | 13 replies
Myself, I would stay with the numbers in front of me that have proven to be profitable.
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17 November 2024 | 0 replies
In the end I still made a profit and helped a new investor.
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17 November 2024 | 2 replies
Access to financing, such as 90% of the purchase price, can significantly lower the entry barrier, but success still depends on having a well-thought-out plan for managing renovation costs, timelines, and potential risks to ensure a profitable outcome.
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16 November 2024 | 12 replies
I'd plan to save any profits each month for future CapEx, repairs, vacancy until we had ~20K for this house set aside.
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20 November 2024 | 15 replies
This is important because right now we could probably make around $200 profit after all mortgage payments, insurance, etc.